Friedman Industries (FRA:X36) ROE % Adjusted to Book Value : 10.71% (As of Jun. 2024)

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What is Friedman Industries ROE % Adjusted to Book Value?

Friedman Industries's ROE % for the quarter that ended in Jun. 2024 was 8.03%. Friedman Industries's PB Ratio for the quarter that ended in Jun. 2024 was 0.75. Friedman Industries's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 was 10.71%.

Friedman Industries ROE % Adjusted to Book Value Historical Data

The historical data trend for Friedman Industries's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Friedman Industries ROE % Adjusted to Book Value Chart

Friedman Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROE % Adjusted to Book Value

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32.07

14.18

Friedman Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															44.16	14.33	4.41	15.88	10.71

Competitive Comparison of Friedman Industries's ROE % Adjusted to Book Value

For the Steel subindustry, Friedman Industries's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Friedman Industries's ROE % Adjusted to Book Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Friedman Industries's ROE % Adjusted to Book Value falls into.

Friedman Industries ROE % Adjusted to Book Value Calculation

Friedman Industries's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	14.18%	/	1.00
	=	14.18%

Friedman Industries's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	8.03%	/	0.75
	=	10.71%

Friedman Industries ROE % Adjusted to Book Value Related Terms

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Friedman Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Friedman Industries Inc (FRA:X36) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

FRD:USA X36:Germany

Address

1121 Judson Road, Suite 124, Longview, TX, USA, 75601

Website

https://www.friedmanindustries.com

Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

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